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Bither (BTR) ICO

Upcoming ICO
Token sale: Apr 20, 2019 – Jun 28, 2019

New Eco-Friendly and Layered Decentralized Economy

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Bither (BTR) ratings

ICOrating.com Bither (BTR) icorating
Hype score Medium
Risk score NA
Investment rating NA
ICObench.com Bither (BTR) icobench 4.2 / 5
ICOmarks.com Bither (BTR) icomarks 9.1 / 10
TrackICO.io Bither (BTR) trackico 5 / 5
ICOholder.com Bither (BTR) icoholder 4.3 / 5
Our rating
9.2
Claim admin rights for this ICO

Overview

Project industry Blockchain Infrastructure
Product type Platform
Founded Georgia

Features

Bither presents an entirely new platform based on a synthesis of several methods. By introducing Merged-Mining capability and also optimizing computing power consumption, Bither sets its goal to draw more computing power toward its network through an efficient mining algorithm.

Bither works with “Proof of Work” (PoW), as its consensus algorithm, though with a different architecture and distinct functions compared to Bitcoin, Ethereum, and many other similar networks. Bither’s innovation is in its calculation of network hash rate and automatic separation of computing power by using trusted masternodes. Through a hybrid method, these masternodes are defined and implemented in high numbers. Moreover, each masternode’s information is compared to other masternodes and there is an automatic and precise supervision over the accuracy of the computations and their orders.

In this method, masternodes are equipped with a new processor core (software). Through this processor core, the entire hash rate of the network is calculated before being divided into four major parts:

1. M percent of the network’s total hash rate is allocated for mining new coins, recording transactions, securing the main network, and checking and executing smart contract algorithms on Bither’s main network.

2. N percent of the network’s total hash rate is distributed among networks of the second layer. This computing power is used for recording and confirming transactions in networks of the second and third layers. It is also used for computation and summarization of the network’s internal transactions.

3. This part is shown by the percentage marker of K. Through the miners’ decision and selection, this part is assigned to operational projects; these are projects that run on the Bither network and need computing power for their processing.

4. The last part is introduced by the percentage marker of L (L=100-M-N-K). This part is assigned to a third-layer network in which miners can lease their excess computing power, The token that is used in this network is called Rental Processor.

By implementing a modern architecture for mining and defining trusted masternodes, the Bither platform presents a new solution to the current problem of mining centralization. The role that masternodes play in the distribution of hashing power is an innovative approach to to solve the problem of ASICs. This way, ordinary have a chance to mine as well.

Bither has presented a completely new platform that has many advantages in executing smart contracts, setting up scientific projects that need computing power, creating second and third layers toward the categorization of activities for tokens etc. Some of these advantages go as follows:

  • Optimized use of energy with the multi-mining ability to incentivize miners
  • The possibility to create thousands of sidechains in the network
  • Recording transaction details on the sidechains rather than the main network
  • Not needing Bither balance for the sidechain transactions
  • A standard platform where scientific projects can purchase their required computing power.
  • Providing the required hashing power for mineable projects at the start of their activity
  • Profitable mining during market downturns
  • Defining a safe and secure standard to prevent fraud in the initial coin offerings (ICO)
  • The possibility to define and create holding companies
  • Setting up decentralized and user-friendly exchanges
  • To conclude, the Bither platform -while providing all features of current PoW based blockchains such as security, “tokenization” and smart contracts, aims to push blockchain technology one step further in order to have a place in a green and eco-friendly future and to be a great help for scientific projects in order to afford the process of big data. Besides these, Bither has also brought many innovations to make its platform more efficient and user-friendly.

    ICO Details

    Total tokens for sale: 30,000,000 BTR
    Soft cap: 20,000,000 BTR

    Legal

    ICO Platform: Ethereum
    Country limitations: USA, Canada, Bosnia and Herzegovina, Colombia, Syrian, Iraq, Democratic People’s Republic of Korea, Yemen, Iran, Nigeria, Afghanistan, Anguilla, Uganda, Tajikistan, Antigua and Barbuda, Commonwealth of Dominica, Republic of Vanuatu, Cayman Islands, Lao People’s Democratic Republic, Saint Vincent and the Grenadines, Saint Kitts and Nevis, Republic of Seychelles, Turks and Caicos Islands
    Registration country: Georgia
    Office address: Bither Foundation LLC, No 17, Paliashvili st., Tbilisi, Georgia

    Token info

    Ticker: BTR
    Type: Utility-token
    Token standard: ERC20
    Token price in ETH: 1 BTR = 0.01 ETH
    Accepted currencies: ETH
    Token distribution:
    76.5% - Miners
    15% - CrowdSale
    5% - FoundersAndTeam
    3.5% - Marketing

    Bither (BTR) Roadmap

    1
    Quarter1 2017

    RoadMapStep1

    2
    Quarter2 2017

    RoadMapStep2

    3
    Quarter3 2017

    RoadMapStep3

    4
    Quarter4 2017

    RoadMapStep4_1
    RoadMapStep4_2

    5
    Quarter1 2018

    RoadMapStep5

    6
    Quarter2 2018

    RoadMapStep6_1

    7
    Quarter3 2018

    Bitherplatform Whitepaper Release

    8
    Quarter4 2018

    Marketing

    9
    Quarter1 2019

    1. Marketing
    2. Private Sale
    3. Token Pre-sale

    10
    Quarter2 2019

    1. Token ICO
    2. Listing on Exchanges

    11
    Quarter3 2019

    Bither Stock (BSK) & Rental Processor (BRP) Business Development

    12
    Quarter4 2019

    Testnet Launching

    13
    Quarter1 2020

    Bither Mainnet Launching & Wallet Release

    14
    Quarter2 2020

    1. Bither Stock (BSK) & Rental Processor (BRP) Mainnet Launching
    2. Planning Roadmap for The Next Stage

    15
    Quarter3 2020

    Working on partnerships with large companies and Best Science And Technology Research Labs for Bither Platform

    16
    Quarter4 2020

    Bither Decentralized Exchange Launching

    Project team

    CEO in Bither (BTR) - 1
    Alex Z.Kouchal
    CEO
    linkedin
    CSO & head of operations department in Bither (BTR) - 2
    Reza Abbasgholiha
    CSO & head of operations department
    linkedin
    Community Support Manager in Bither (BTR) - 3
    Daniel Driessen
    Community Support Manager
    linkedin
    CTO & Digital Marketing Strategist in Bither (BTR) - 4
    Ali Ghasemirad
    CTO & Digital Marketing Strategist
    linkedin
    Director of Customer Experience & Community Expert in Bither (BTR) - 5
    Erik van der Veen
    Director of Customer Experience & Community Expert
    linkedin
    CRO & Director of Engineering in Bither (BTR) - 6
    Shayan Shirazi
    CRO & Director of Engineering
    linkedin
    Executive Assistant & Data Analyst in Bither (BTR) - 7
    Natia Nargizashvili
    Executive Assistant & Data Analyst
    linkedin
    CMO & Market Research Director in Bither (BTR) - 8
    Hosein Bahrami
    CMO & Market Research Director
    linkedin
    Web Developer & Software Quality Assurance Engineer in Bither (BTR) - 9
    Vladimer Kurdadze
    Web Developer & Software Quality Assurance Engineer
    linkedin
    Developer & Solution Architect in Bither (BTR) - 10
    Revaz Nakhutsrishvili
    Developer & Solution Architect
    linkedin
    Legal & privacy assistant in Bither (BTR) - 11
    Malvina Natchkebia
    Legal & privacy assistant
    linkedin
    E-Commerce Specialist & Content Manager in Bither (BTR) - 12
    Alvina Trofimchuk
    E-Commerce Specialist & Content Manager
    linkedin
    UI/UX Designer & Blockchain Researcher in Bither (BTR) - 13
    Tamila Tkemaladze
    UI/UX Designer & Blockchain Researcher
    linkedin

    Advisors

    Business Angel, Entrepreneur, Board & ICO Advisor, Mentor, International CEO in Bither (BTR) - 14
    Roger Crook
    Business Angel, Entrepreneur, Board & ICO Advisor, Mentor, International CEO
    linkedin
    PhD in Economics | Top 30 ICOBench People of Blockchain in Bither (BTR) - 15
    Daniil Morozov
    PhD in Economics | Top 30 ICOBench People of Blockchain
    linkedin
    Blockchain Expert | Project Management | Business Analysis | Business Transformation in Bither (BTR) - 16
    Naviin Kapoor
    Blockchain Expert | Project Management | Business Analysis | Business Transformation
    Entrepreneur | Business Consultant & ICO Expert in Bither (BTR) - 17
    Shohel Alam
    Entrepreneur | Business Consultant & ICO Expert
    linkedin
    Blockchain Advocate, Speaker and Author in Bither (BTR) - 18
    Karen New
    Blockchain Advocate, Speaker and Author
    linkedin
    Financial & Customer service expert | ICO advisor in Bither (BTR) - 19
    Dennis Oosting
    Financial & Customer service expert | ICO advisor
    linkedin
    Investment Manager | Risk Manager | IMMO HIGH 1000 | business development advisor in Bither (BTR) - 20
    Timo Trippler
    Investment Manager | Risk Manager | IMMO HIGH 1000 | business development advisor
    linkedin
    Project Development Manager | Marketing advisor | Business analyst in Bither (BTR) - 21
    Julia Prus
    Project Development Manager | Marketing advisor | Business analyst
    linkedin
    Entrepreneur | Venture Capitalist | ICO Advisor in Bither (BTR) - 22
    Jaian Cuttari
    Entrepreneur | Venture Capitalist | ICO Advisor
    linkedin
    Executive / Leadership / Career Development Coach in Bither (BTR) - 23
    Ahmed Khalil
    Executive / Leadership / Career Development Coach
    linkedin
    Legal Advisor in Bither (BTR) - 24
    K&N LLC
    Legal Advisor
    facebook

    Social media

    Web-site Reddit Medium YouTube Telegram Instagram btctalk LinkedIn Twitter Facebook github

    User rating:

    5/5 ( 1 )

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